inflation

MUMBAI: The aim of aligning inflation with the 4 per cent target will remain in progress as long as food price pressures persist, the RBI's latest bulletin on Wednesday said.An article on the "State of the Economy" published in the June 2024 Bulletin also said that retail inflation is...

New Delhi [India], Indian agriculture prospects are brightening with the early arrival of the south-west monsoon, according to the monthly bulletin released by the Reserve Bank of India (RBI) on Wednesday.RBI highlighted that the early arrival of south-west monsoon will boost agricultural...

Mumbai: Retail inflation is gradually declining, but volatile and elevated food prices are hampering the path to disinflation, an RBI bulletin said on Wednesday.An article on the "State of the Economy" published in the June 2024 Bulletin said that global growth in the first quarter of 2024 was...

New Delhi [India]: Putting an end to the debate on India's growth being based on government capital expenditure, global rating agency Fitch Ratings said rising consumer confidence will lead to increased consumer spending, indicating increased income for the people.The credit rating agency said...

Mumbai: As calls for a change in policy stance grow louder, Reserve Bank Governor Shaktikanta Das on Tuesday said it would be "too early" to make changes and stressed that the apex bank should refrain from any adventurism on the rates front. Must be avoided. Food inflationary pressure.Speaking...

Mumbai: Reserve Bank of India Governor Shaktikanta Das on Tuesday said it would be 'too early' to change the monetary policy stance and the apex bank would have to avoid a 'bold' approach on the rates front.Speaking at broadcaster ET Now's Leadership Dialogues here, Das said the Reserve Bank...

Karachi [Pakistan], As Pakistan continues to grapple with economic challenges which are contributing to inflation in the country, prices of various essential products including milk have also increased, the brunt of which is falling on the people.The skyrocketing prices of essential...

NEW DELHI: Fitch Ratings on Tuesday raised India's growth forecast for the current financial year to 7.2 per cent from 7 per cent estimated in March, and said rising consumer confidence will boost spending besides an increase in investment.In the June update of its Global Economic Outlook...

New Delhi [India], As reported on the official website of the National Stock Exchange (NSE), the Indian stock market is closed for trading today in view of Bakri Eid, trading will resume on Tuesday.The closure covers all segments including stocks, derivatives and SLB (securities lending and...

Islamabad [Pakistan], The price of tomatoes has soared above PKR 200 per kg in a single day just ahead of Eid al-Adha, while the district government has set a price limit of PKR 100 per kg, reports The Express Tribune. .This annual phenomenon, occurring during Ramadan and Eid al-Adha, is...

New Delhi [India], The stock market will remain closed for trading on Monday on the occasion of Bakrid. According to the official website of the National Stock Exchange (NSE), trading will resume on Tuesday.The market will remain closed on Monday in all segments including stocks, derivatives...

New Delhi: Given high levels of inflation, the upcoming full Budget for 2024-25 may need to consider income tax relief for people in the lowest slab, according to newly elected CII chairman Sanjeev Puri.In an interview with PTI, he also suggested creating an institutional platform to build...

The party also attacked the AAP government in Punjab for increasing electricity tariffs for domestic and industrial users and said Indian governments were looting the common people after making states 'bankrupt'.BJP national spokesperson Shehzad Poonawala targeted Ax and accused Congress of...

Islamabad: In a major relief to the inflation-stricken public in cash-strapped Pakistan, the government has cut the prices of petrol and high-speed diesel (HSD) by Rs 10.20 and Rs 2.33 per liter respectively ahead of the Eid Ul Azha festival. Is of.The price cut, effective from Saturday, will...

New Delhi [India], In a recent report, international rating agency Moody's has claimed that Prime Minister Narendra Modi's third term, which will end in 2029, will be India's decade. The rating agency's report said that the most important aspect of the BJP-led New Democratic Alliance (NDA)...

New Delhi [India]: India's wholesale inflation, based on the wholesale price index, doubled to 2.61 per cent in May from 1.26 per cent in April, according to official Commerce Ministry data.Rating agency ICRA expects headline wholesale inflation to rise modestly to 3 percent in June 2024...

New Delhi [India], Retaining its position as the fastest growing major economy, India's real gross domestic product (GDP) growth will slow from 8.2 per cent in FY2024 to 6.8 per cent in FY2025, as That CRISIL has seen in its recent report. , citing high interest rates and low fiscal impulse...

New Delhi: Wholesale inflation hit a 15-month high of 2.61 per cent in May as heat wave conditions made prices of food items, especially vegetables, and manufactured products costlier.Wholesale Price Index (WPI) based inflation has been rising for three consecutive months. Last month it was...

According to data released by the Commerce Ministry, India's inflation rate based on Wholesale Price Index (WPI) increased to 2.61 percent during May compared to the same month last year.“Supported by negative inflation in non-food items (-3.9 per cent), WPI inflation remains at 2.6 per cent...

New Delhi [India]: The US economy created more jobs than expected in May and consumer inflation in the country still remains above a comfortable range, with its central bank the Federal Reserve unlikely to tinker with policy rates. . The presidential elections to be held later this year are...